Daily Archives: November 28, 2011
The Illinois Real Estate Appraisal Act was scheduled to be repealed in 2012, but instead the state of Illinois amended the act and extended it to 2022. The searchable PDF version of the Act can be found at the following link: http://www.icapweb.com/upload/225%20ILCS%20458%20-%20Appraisal%20Act%202012.pdf
The PDF version makes it easy to copy and paste parts of the law into an appraisal and save it to your computer. The process of finishing the RULES for the amended Act is in progress and is anticipated to be approved by the Joint Committee on Administrative Rules (JCAR) by spring 2012.